http://www.upstreamonline.com/ www.upstreamonline.com http://www.upstreamonline.com/epaper/article1327736.ece Petrobras is hanging onto its Argentina assets for now, saying late Friday it had rejected an offer following negotiations. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327736.ece Fri, 24 May 2013 23:02:00 +0000 epaper http://www.upstreamonline.com/epaper/article1327735.ece The body that regulates oil and gas drilling in Texas has adopted modified standards for oil and gas well construction covering cementing, drilling, completions and well control, it said Friday. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327735.ece Fri, 24 May 2013 22:44:37 +0000 epaper http://www.upstreamonline.com/live/article1327734.ece ExxonMobil is still waiting for test results from the ruptured section of its 95,000 barrel-per-day Pegasus pipeline, almost two months after it spewed 5,000 barrels of oil into an Arkansas suburb, the company said on Friday. (News Wires) http://www.upstreamonline.com/live/article1327734.ece Fri, 24 May 2013 22:20:48 +0000 live http://www.upstreamonline.com/live/article1327733.ece Venezuela's state oil company PDVSA will receive a revolving credit line of at least $1 billion from oil services giant Schlumberger, the OPEC nation's oil minister said on Friday according to a report. (News Wires) http://www.upstreamonline.com/live/article1327733.ece Fri, 24 May 2013 21:40:10 +0000 live http://www.upstreamonline.com/live/article1327732.ece The US State Department said on Friday it would make public over 1.2 million public comments it has received on an environmental impact statement on the controversial cross-border Keystone pipeline. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327732.ece Fri, 24 May 2013 20:51:11 +0000 live http://www.upstreamonline.com/live/article1327731.ece The count of rigs drilling in the US for oil and gas dropped by seven this week to 1762, the latest report from Houston service provider Baker Hughes said. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327731.ece Fri, 24 May 2013 18:11:12 +0000 live http://www.upstreamonline.com/epaper/article1327730.ece Argentina electric player Capex has penned an agreement with Halliburton for fracturing services in up to 11 wells in the Vaca Muerta formation in Neuquen province, the company said in a filing this week. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327730.ece Fri, 24 May 2013 17:57:09 +0000 epaper http://www.upstreamonline.com/live/article1327663.ece Up to five consortia are preparing to bid in a Petrobras tender for a floating production, storage and offloading vessel to be installed in the Carioca pre-salt area off Brazil’s Santos basin. stories@upstreamonline.com (Upstream Staff) http://www.upstreamonline.com/live/article1327663.ece Fri, 24 May 2013 15:07:26 +0000 live http://www.upstreamonline.com/live/article1327713.ece Addax Petroleum has its eye on more North Sea assets with joint venture moves a possibility, according to a report. (News Wires) http://www.upstreamonline.com/live/article1327713.ece Fri, 24 May 2013 14:03:21 +0000 live http://www.upstreamonline.com/live/article1327715.ece Reliance Industries, BP and Niko Resources have made a “significant gas and condensate discovery” at their Krisha Godavari D6 (KG D6) deep-water block off eastern India. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327715.ece Fri, 24 May 2013 13:53:25 +0000 live http://www.upstreamonline.com/epaper/article1327708.ece Masood Siddiqui has been reappointed managing director and chief executive of Pakistan’s OGDC after the country’s Supreme Court ordered his removal to be reversed. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/epaper/article1327708.ece Fri, 24 May 2013 13:19:55 +0000 epaper http://www.upstreamonline.com/live/article1327702.ece Petrobras has farmed out a sizeable chunk of its holding in an offshore block off Tanzania to Norwegian state-run oil company Statoil Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327702.ece Fri, 24 May 2013 12:39:24 +0000 live http://www.upstreamonline.com/live/article1327697.ece Australian independent Santos has added another future oil producing well at its Cuisinier field onshore Queensland after hitting 2.3 metres of net pay with the Cuisinier 11 probe, its junior partner has said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327697.ece Fri, 24 May 2013 12:24:57 +0000 live http://www.upstreamonline.com/epaper/article1327686.ece UK contractor Ceona has slapped a high price tag on an offshore construction vessel currently working in the Mexican market which it has decided to sell. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327686.ece Fri, 24 May 2013 12:20:05 +0000 epaper http://www.upstreamonline.com/epaper/article1327687.ece Oil companies’ operations off Russia’s Sakhalin Island appear to have come out unscathed following a massive subsea earthquake in the region on Friday. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327687.ece Fri, 24 May 2013 12:15:42 +0000 epaper http://www.upstreamonline.com/live/article1327694.ece Yemen’s Maarib oil export pipeline has been struck by another explosion that has halted the flow of crude, according to reports. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327694.ece Fri, 24 May 2013 11:50:39 +0000 live http://www.upstreamonline.com/live/article1327681.ece Oil is poised to post its biggest weekly loss in more than a month, with Brent edging down towards $102 per barrel on Friday, pressured by ample supply and a sluggish economic recovery that could dent demand. (News Wires) http://www.upstreamonline.com/live/article1327681.ece Fri, 24 May 2013 09:48:46 +0000 live http://www.upstreamonline.com/live/article1327677.ece Lundin Petroleum has been given the nod to drill an appraisal well on the Johan Sverdrup discovery in the central North Sea. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327677.ece Fri, 24 May 2013 09:29:56 +0000 live http://www.upstreamonline.com/epaper/article1327675.ece Australia-listed Pancontinental Oil & Gas has firmed up the resource potential of its EL 0037 licence, off the coast of Namibia, following an independent report. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/epaper/article1327675.ece Fri, 24 May 2013 09:17:24 +0000 epaper http://www.upstreamonline.com/live/article1327672.ece InterOil Corporation and Pacific LNG have entered into exclusive talks with ExxonMobil on the US supermajor joining the Elk-Antelope fields in Papua New Guinea. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327672.ece Fri, 24 May 2013 09:02:30 +0000 live http://www.upstreamonline.com/live/article1327669.ece Italian oil giant Eni could splash out on more companies in Belgium as it looks to close the gap on power retail leader in the country, GDF Suez-owned Electrabel, according to a report. (News Wires) http://www.upstreamonline.com/live/article1327669.ece Fri, 24 May 2013 08:28:12 +0000 live http://www.upstreamonline.com/live/article1327665.ece Aiden Heavey-led independent close to issuing bid documents for gas pipeline off West Africa stories@upstreamonline.com (Upstream Staff) http://www.upstreamonline.com/live/article1327665.ece Fri, 24 May 2013 08:04:15 +0000 live http://www.upstreamonline.com/live/article1327662.ece Hoegh LNG widened its losses during the first quarter of the year, despite a rise in total income, as depreciation costs hit its bottom line. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327662.ece Fri, 24 May 2013 07:55:47 +0000 live http://www.upstreamonline.com/epaper/article1327661.ece Irish explorer Petroceltic International has plugged and abandoned an exploration well in the Black Sea off Bulgaria after encountering gas saturations considered insufficient for commercial production. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/epaper/article1327661.ece Fri, 24 May 2013 07:27:15 +0000 epaper http://www.upstreamonline.com/live/article1327657.ece Canadian junior Petroamerica Oil has made an oil discovery at its Curiara-1 well in Colombia. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327657.ece Fri, 24 May 2013 04:35:33 +0000 live http://www.upstreamonline.com/live/article1327505.ece Australian explorer 3D Oil has acquired a frontier exploration block in shallow waters off Tasmania, next to the Otway basin’s largest gas discovery, Thylacine. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327505.ece Fri, 24 May 2013 03:29:37 +0000 live http://www.upstreamonline.com/epaper/article1327654.ece Hong Kong-listed Pearl Oriental Oil has been given more time to close a deal that will see it acquire oilfields in Russia from Levant Energy. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/epaper/article1327654.ece Fri, 24 May 2013 03:20:26 +0000 epaper http://www.upstreamonline.com/epaper/article1327504.ece Petrobras said late Thursday it had made an oil discovery in its Florim probe in unlicensed pre-salt acreage in Brazil's Santos basin. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327504.ece Thu, 23 May 2013 23:31:27 +0000 epaper http://www.upstreamonline.com/live/article1327502.ece Doug Lawler, the Anadarko Petroleum executive named as Chesapeake Energy's new chief executive officer, is due to receive salary, bonus and equity awards valued at $12.6 million this year, according to a report. (News Wires) http://www.upstreamonline.com/live/article1327502.ece Thu, 23 May 2013 22:57:45 +0000 live http://www.upstreamonline.com/live/article1327501.ece Offshore operators take heed: US forecasters are expecting 2013 to be an “active” to “extremely active” season for tropical weather activity. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327501.ece Thu, 23 May 2013 22:34:17 +0000 live http://www.upstreamonline.com/epaper/article1327500.ece Venezuelan state oil firm PDVSA and Russia’s Rosneft have signed an agreement to form a new “mixed enterprise” called Petrovictoria, the companies said Thursday. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327500.ece Thu, 23 May 2013 21:32:34 +0000 epaper http://www.upstreamonline.com/live/article1327498.ece The Republican-controlled US House of Representatives on Thursday passed a bill to bypass White House approval of the Keystone XL pipeline to Canada. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327498.ece Thu, 23 May 2013 20:41:12 +0000 live http://www.upstreamonline.com/epaper/article1327496.ece Argentina offers oil and gas opportunity in unconventional and mature fields, as well as through partnerships with companies including state outfit YPF, an executive with Sinopec’s local unit told an audience Thursday in Houston. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327496.ece Thu, 23 May 2013 19:37:05 +0000 epaper http://www.upstreamonline.com/live/article1327495.ece A group of US accountancy professors is backing BP's fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the disaster. (News Wires) http://www.upstreamonline.com/live/article1327495.ece Thu, 23 May 2013 16:15:04 +0000 live http://www.upstreamonline.com/live/article1327482.ece Norway’s IKM Consultants is making waves in the subsea market as it acquires a compatriot company from engineering giant Siemens. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327482.ece Thu, 23 May 2013 14:43:52 +0000 live http://www.upstreamonline.com/epaper/article1327469.ece Statoil has finally kicked off drilling of the first wildcat of a four-well frontier campaign in the Barents Sea with the aim of proving up more resources in the vicinity of its Johan Castberg find. (Steve Marshall) http://www.upstreamonline.com/epaper/article1327469.ece Thu, 23 May 2013 14:02:23 +0000 epaper http://www.upstreamonline.com/live/article1327464.ece US supermajor and Nigerian partner may look at bond market to raise cash from 2016 Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327464.ece Thu, 23 May 2013 13:18:04 +0000 live http://www.upstreamonline.com/epaper/article1327463.ece Brazil regulators have scheduled the nation's first bidding round for pre-salt oil acreage under a new production-sharing regime, bumping up the expected date a month to October, according to official documents. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/epaper/article1327463.ece Thu, 23 May 2013 13:15:33 +0000 epaper http://www.upstreamonline.com/live/article1327455.ece Marathon Oil has failed in its bid to offload a large chunk of its holdings in a Canadian oil sands project after it could not reach an agreement with an interested buyer. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327455.ece Thu, 23 May 2013 12:43:58 +0000 live http://www.upstreamonline.com/live/article1327448.ece US contractor FMC Technologies has scooped what is likely to be a lucrative subsea contract from Shell for work at a large Gulf of Mexico play. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327448.ece Thu, 23 May 2013 12:15:28 +0000 live http://www.upstreamonline.com/live/article1327446.ece Statoil has evacuated a gas processing plant in Norway on fears of a possible leak at the facility, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327446.ece Thu, 23 May 2013 11:58:33 +0000 live http://www.upstreamonline.com/live/article1327433.ece Russian state oil producer Gazpromneft has issued a new tender to drill six oil wells at the Badra oil field in southeastern Iraq. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1327433.ece Thu, 23 May 2013 10:10:47 +0000 live http://www.upstreamonline.com/epaper/article1327417.ece Slumping share prices, production declines and a “collapse” in profit have been cited by a shareholder group which has launched a revolt against the chief executive of London-listed explorer JKX Oil & Gas. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327417.ece Thu, 23 May 2013 10:09:30 +0000 epaper http://www.upstreamonline.com/live/article1327411.ece Australia's Otto Energy is preparing to drill two development wells at the offshore Galoc field in the Philippines. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327411.ece Thu, 23 May 2013 09:06:20 +0000 live http://www.upstreamonline.com/live/article1327410.ece US-focused Nighthawk Energy is advancing on plans to bring a well on stream this month after hitting about 32 feet of gross oil pay while drilling on its Smoky Hill project in Colorado. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327410.ece Thu, 23 May 2013 09:05:37 +0000 live http://www.upstreamonline.com/live/article1327413.ece Irish junior Falcon Oil & Gas has hired Germany’s DrillTec for a three-well exploration programme due to start next month in Hungary. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327413.ece Thu, 23 May 2013 09:03:38 +0000 live http://www.upstreamonline.com/live/article1327412.ece Salamander Energy has hit gas and oil at its latest exploration well off Indonesia but high pressure has prevented a full evaluation of the play. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327412.ece Thu, 23 May 2013 08:50:38 +0000 live http://www.upstreamonline.com/live/article1327405.ece Minnow US Oil & Gas has said a new competent person’s report has pegged 19 million barrels in contingent resources at its Hot Creek Valley acreage in Nye County, Nevada. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327405.ece Thu, 23 May 2013 08:28:16 +0000 live http://www.upstreamonline.com/epaper/article1327404.ece Australia-listed company Oil Search has flowed oil during initial testing at its Taza-1-ST2 well in the Kurdistan region of Iraq. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/epaper/article1327404.ece Thu, 23 May 2013 08:13:50 +0000 epaper http://www.upstreamonline.com/epaper/article1327403.ece Mediterranean Oil & Gas (MOG) has secured a Noble Corp semi-submersible rig to drill a single exploration well off Malta at the end of the year. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327403.ece Thu, 23 May 2013 08:05:04 +0000 epaper http://www.upstreamonline.com/live/article1327402.ece Wood Group PSN has secured a five-year operations and maintenance contract from US independent Hess in the Gulf of Mexico. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327402.ece Thu, 23 May 2013 07:57:29 +0000 live http://www.upstreamonline.com/live/article1327401.ece Norway’s Electromagnetic Geoservices (EMGS) is teaming up with seismic contractor TGS to develop joint multi-client projects in areas of north-western Europe. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327401.ece Thu, 23 May 2013 07:46:18 +0000 live http://www.upstreamonline.com/live/article1327400.ece Shares have slumped in both Parkmead and Lochard Energy after the former agreed a deal to buy the latter on Thursday. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327400.ece Thu, 23 May 2013 07:38:11 +0000 live http://www.upstreamonline.com/epaper/article1327397.ece Australian independent Horizon Oil has struck a deal with Japan’s Osaka Gas to sell 40% of its Papua New Guinea assets for $204 million. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/epaper/article1327397.ece Thu, 23 May 2013 07:21:30 +0000 epaper http://www.upstreamonline.com/live/article1327399.ece Swedish independent Lundin Petroleum has come up dry with a wildcat on its Carlsberg prospect in the North Sea, off Norway. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327399.ece Thu, 23 May 2013 07:01:20 +0000 live http://www.upstreamonline.com/live/article1327398.ece French engineering company Technip has been awarded a contract by Abu Dhabi Marine Operating Company (Adma-Opco) at Das Island, off the coast of Abu Dhabi in the United Arab Emirates. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327398.ece Thu, 23 May 2013 06:45:22 +0000 live http://www.upstreamonline.com/live/article1327395.ece Australia's Origin Energy is preparing to spud an exploration well on the Whale prospect on Block 121, off the coast of Vietnam. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327395.ece Thu, 23 May 2013 05:15:56 +0000 live http://www.upstreamonline.com/live/article1327394.ece Brent crude futures slipped below $102 per barrel on Thursday as fresh data from China cast doubt on the strength of recovery in the world's second-biggest oil consumer and the dollar weighed on commodity markets. (News Wires) http://www.upstreamonline.com/live/article1327394.ece Thu, 23 May 2013 04:50:17 +0000 live http://www.upstreamonline.com/live/article1327393.ece Australian independent Horizon Oil said it will reveal imminently the details on a "potential material transaction involving an asset disposal". (Russell Searancke) http://www.upstreamonline.com/live/article1327393.ece Thu, 23 May 2013 04:26:17 +0000 live http://www.upstreamonline.com/epaper/article1327390.ece Australian independent Santos has awarded a A$30 million (US$28.9 million) contract to one of its existing contractors for further work in the Cooper basin. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/epaper/article1327390.ece Thu, 23 May 2013 04:22:39 +0000 epaper http://www.upstreamonline.com/live/article1327391.ece Jordan Cove Energy has filed applications with the Federal Energy Regulatory Commission (FERC) to build and operate a liquefied natural gas export facility at Coos Bay, Oregon. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327391.ece Thu, 23 May 2013 04:08:57 +0000 live http://www.upstreamonline.com/live/article1327389.ece Australian company Strike Energy has secured funding of up to US$8 million for its planned 2013 drilling programme in the US. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327389.ece Thu, 23 May 2013 03:00:54 +0000 live http://www.upstreamonline.com/live/article1327387.ece MEO Australia said it has acquired a new exploration block off the coast of north-west Australia containing a substantial, near-drillable prospect. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327387.ece Thu, 23 May 2013 02:48:04 +0000 live http://www.upstreamonline.com/epaper/article1327385.ece Beach Energy has entered a farm-in agreement with Canada’s Bengal Energy to gain a stake in the onshore Tookoonooka Block in the Australian state of Queensland. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/epaper/article1327385.ece Thu, 23 May 2013 02:09:07 +0000 epaper http://www.upstreamonline.com/live/article1327384.ece A Canadian rail line shuttered by a Tuesday spill has been reopened, Canadian Pacific Railway confirmed to Upstream. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327384.ece Wed, 22 May 2013 22:38:36 +0000 live http://www.upstreamonline.com/live/article1327380.ece Aker Solutions said on Wednesday it had taken the first step towards a new plant in Brazil's Parana state that the company says will double its subsea equipment manufacturing capacity in the country. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327380.ece Wed, 22 May 2013 22:02:21 +0000 live http://www.upstreamonline.com/live/article1327379.ece Ocean Rig on Wednesday said it swung to a first-quarter profit amid a positive outlook for rig activity. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/article1327379.ece Wed, 22 May 2013 21:41:29 +0000 live http://www.upstreamonline.com/epaper/article1327377.ece HRT said on Wednesday it would sit down with partner Rosneft through this weekend to decide the direction of future exploration efforts in Brazil’s remote onshore Solimoes basin. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327377.ece Wed, 22 May 2013 20:14:28 +0000 epaper http://www.upstreamonline.com/epaper/article1327363.ece HRT executives expressed wide optimism to investors on Wednesday about the source rock and oil shows found at its Wingat-1 well off Namibia. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327363.ece Wed, 22 May 2013 18:45:01 +0000 epaper http://www.upstreamonline.com/epaper/article1327362.ece Nigerian militants have called off a campaign against oil infrastructure and Nigerian state interests which they had earlier claimed would commence on 31 May. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/epaper/article1327362.ece Wed, 22 May 2013 18:15:47 +0000 epaper http://www.upstreamonline.com/live/article1327343.ece The White House has threatened to veto legislation pending in the US House of Representatives that could strip from President Barack Obama the authority to approve the controversial Keystone XL pipeline, according to reports. (News Wires) http://www.upstreamonline.com/live/article1327343.ece Wed, 22 May 2013 15:55:46 +0000 live http://www.upstreamonline.com/live/article1327336.ece UK supermajor BP has earmarked $2.85 billion to spend this year on developing the giant Rumaila oilfield in Iraq, a report has claimed. (News Wires) http://www.upstreamonline.com/live/article1327336.ece Wed, 22 May 2013 15:36:26 +0000 live http://www.upstreamonline.com/live/article1327334.ece Norwegian minnow Core Energy is set to acquire interests in a pair of offshore fields in separate farm-in deals that are set to double its proven and probable reserves to more than 30 million barrels of oil equivalent. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1327334.ece Wed, 22 May 2013 14:59:36 +0000 live http://www.upstreamonline.com/live/article1327332.ece Houston’s Noble Energy has confirmed it made a natural gas discovery at the Karish (Shark) prospect off Israel. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327332.ece Wed, 22 May 2013 14:58:23 +0000 live http://www.upstreamonline.com/live/article1327327.ece Teekay Offshore Partners has scooped a floating, storage & offloading contract from Norwegian state-run oil giant Statoil for work in the North Sea. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327327.ece Wed, 22 May 2013 14:42:16 +0000 live http://www.upstreamonline.com/epaper/article1327290.ece Egypt's Oil Ministry has appointed a relatively unknown oil engineer as the new head of Egyptian General Petroleum Corp (EGPC). (Nassir Shirkhani) http://www.upstreamonline.com/epaper/article1327290.ece Wed, 22 May 2013 14:28:10 +0000 epaper http://www.upstreamonline.com/live/article1327324.ece Aker Solutions has secured a Nkr70 million ($12.1 million) brownfield award for study work on modifications to Statoil’s Heidrun platform in the Norwegian Sea to accommodate the future tie-in of the Zidane gas discovery. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1327324.ece Wed, 22 May 2013 14:15:26 +0000 live http://www.upstreamonline.com/live/article1327319.ece Germany’s DMT has completed a 232-square kilometre 3D seismic survey around northern Spain’s Rioja region. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327319.ece Wed, 22 May 2013 14:13:43 +0000 live http://www.upstreamonline.com/live/article1327303.ece State player Qatar Petroleum has agreed to subscribe to a 15% increase in capital at Total’s Congo-Brazzaville arm. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1327303.ece Wed, 22 May 2013 13:27:07 +0000 live http://www.upstreamonline.com/live/article1327304.ece A technical problem with a pumping station was behind a halt this week in crude oil flows from South Sudan to neighbour Sudan, a report has claimed. (News Wires) http://www.upstreamonline.com/live/article1327304.ece Wed, 22 May 2013 13:20:39 +0000 live http://www.upstreamonline.com/live/article1327297.ece Norway’s state holding company Petoro is throwing its weight behind 15 oil companies calling for Parliament to block new tax proposals from the government that they claim will hit investment in marginal fields and increased oil recovery projects. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1327297.ece Wed, 22 May 2013 13:02:46 +0000 live http://www.upstreamonline.com/epaper/article1327286.ece Canadian junior Canacol Energy is planning two more exploration wells on a block in Colombia where it has already unearthed an oil discovery. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327286.ece Wed, 22 May 2013 12:02:31 +0000 epaper http://www.upstreamonline.com/epaper/article1327282.ece Perth-based Range Resources is poised to gain a large prospective onshore block in north Africa within the next two months as part of an exploration drive into Africa under its proposed merger with fellow Australian outfit International Petroleum. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/epaper/article1327282.ece Wed, 22 May 2013 11:39:13 +0000 epaper http://www.upstreamonline.com/live/article1327280.ece Norway’s Parliament has given the final sanction for Det Norske Oljeselskap’s Ivar Aasen development, allowing the controversial Nkr25 billion ($4.3 billion) field project in the North Sea to move forward. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1327280.ece Wed, 22 May 2013 10:34:54 +0000 live http://www.upstreamonline.com/live/article1327278.ece A Chevron executive working for the US supermajor in Indonesia has been re-arrested as part of a probe into alleged corruption in an environmental project at an oilfield, a report has claimed. (News Wires) http://www.upstreamonline.com/live/article1327278.ece Wed, 22 May 2013 10:31:55 +0000 live http://www.upstreamonline.com/live/article1327273.ece Canadian independent Talisman Energy will tear down the troubled Yme platform off Norway at the end of next year, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide), (News Wires) http://www.upstreamonline.com/live/article1327273.ece Wed, 22 May 2013 09:55:37 +0000 live http://www.upstreamonline.com/epaper/article1327270.ece Management of Reservoir Exploration Technology (RXT) has warned the ocean bottom seismic cable contractor could be facing bankruptcy this summer as it races against the clock to secure a deal with creditors to convert debt into equity. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/epaper/article1327270.ece Wed, 22 May 2013 09:17:39 +0000 epaper http://www.upstreamonline.com/live/article1327266.ece Chariot Oil & Gas has been awarded a one-year extension for the first phase of its central area blocks offshore Namibia, allowing it more time to select drilling prospects and reel in a farm-in partner. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327266.ece Wed, 22 May 2013 09:04:19 +0000 live http://www.upstreamonline.com/epaper/article1327265.ece Irish junior Fastnet Oil & Gas’s Deep Kinsale prospect holds a best estimate of 335.2 million barrels in risked potential oil in-place, according to a new assessment. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/epaper/article1327265.ece Wed, 22 May 2013 08:37:28 +0000 epaper http://www.upstreamonline.com/live/article1327262.ece Brent futures dropped further below $104 per barrel on Wednesday, as data showing a surprise jump in US gasoline stockpiles and worries that peak summer demand in the world's top oil consumer may falter dragged down prices. (News Wires) http://www.upstreamonline.com/live/article1327262.ece Wed, 22 May 2013 08:28:00 +0000 live http://www.upstreamonline.com/live/article1327259.ece Shares in Max Petroleum have begun to rise on Wednesday after the London-listed player hit more pay at an appraisal well in Kazakhstan. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1327259.ece Wed, 22 May 2013 08:07:40 +0000 live http://www.upstreamonline.com/epaper/article1327258.ece Debt-laden oilfield drilling services outfit Archer has offloaded its North American rental and tubular division in a $244 million sale to a private equity investor, with an analyst predicting more disposals could be on the cards. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/epaper/article1327258.ece Wed, 22 May 2013 08:00:00 +0000 epaper http://www.upstreamonline.com/epaper/article1327252.ece Norway’s Electromagnetic Geoservices (EMGS) has signed a charter deal with compatriot ship owner North Sea Shipping which could be worth over $60 million. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/epaper/article1327252.ece Wed, 22 May 2013 07:47:46 +0000 epaper http://www.upstreamonline.com/live/article1327254.ece London-listed Salamander Energy has submitted an insurance claim related to its North Kendang-1 well, off Indonesia. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327254.ece Wed, 22 May 2013 07:39:47 +0000 live http://www.upstreamonline.com/live/article1327250.ece Floating production contractor BW Offshore has seen first-quarter net profit jump more than fivefold from $5.5 million to $29.1 million on the back of stable operations and a 98.2% average vessel uptime. danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/live/article1327250.ece Wed, 22 May 2013 07:26:01 +0000 live http://www.upstreamonline.com/epaper/article1327249.ece Energy services company Wood Group has bought a UK-based provider of software and engineering consultancy services for well integrity and corrosion management. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/epaper/article1327249.ece Wed, 22 May 2013 06:34:51 +0000 epaper http://www.upstreamonline.com/live/article1327248.ece Brent futures pulled further below $104 per barrel on Wednesday on concerns that peak summer demand in the world's top oil consumer may falter after data showing a stronger-than-expected rise in US oil stockpiles. (News Wires) http://www.upstreamonline.com/live/article1327248.ece Wed, 22 May 2013 04:37:18 +0000 live http://www.upstreamonline.com/live/article1327247.ece Five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, in Canada, spilling 575 barrels of crude, according to Canadian Pacific Railway. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327247.ece Wed, 22 May 2013 04:30:07 +0000 live http://www.upstreamonline.com/epaper/article1327246.ece Drilling contractor Titan Energy Services has been awarded a contract extension with Australian coalbed methane (CBM) producer Australia Pacific Liquefied Natural Gas (APLNG). danica.newnham@upstreamonline.com (Danica Newnham) http://www.upstreamonline.com/epaper/article1327246.ece Wed, 22 May 2013 03:33:13 +0000 epaper http://www.upstreamonline.com/live/article1327244.ece Dallas-based Pioneer Natural Resources has brought its first horizontal Wolfcamp shale well online in Martin County, Texas. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/article1327244.ece Wed, 22 May 2013 02:11:56 +0000 live